Our pivot point stands at 67920.
Our preference
The downside prevails as long as 67920 is resistance.
Alternative scenario
Above 67920, look for 68950 and 69550.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67385 and 67599).
Supports and resistances
69550 **
68950 *
67920 **
67520
67117 last
65670
65060 **
64460 *
63850 **
Number of asterisks represents the strength of support and resistance levels.


